Sichuan Lutianhua Co (SZSE:000912) Accounts Payable & Accrued Expense : ¥2,534 Mil (As of Mar. 2024)

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What is Sichuan Lutianhua Co Accounts Payable & Accrued Expense?

Sichuan Lutianhua Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,613 Mil) to Dec. 2023 (¥2,892 Mil) but then declined from Dec. 2023 (¥2,892 Mil) to Mar. 2024 (¥2,534 Mil).

Sichuan Lutianhua Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,385 Mil) to Dec. 2022 (¥2,669 Mil) and increased from Dec. 2022 (¥2,669 Mil) to Dec. 2023 (¥2,892 Mil).

Sichuan Lutianhua Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sichuan Lutianhua Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sichuan Lutianhua Co Accounts Payable & Accrued Expense Chart

Sichuan Lutianhua Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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406.64

1,237.09

2,384.57

2,668.74

2,892.00

Sichuan Lutianhua Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,924.44	2,394.41	2,612.92	2,892.00	2,533.74

Sichuan Lutianhua Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Sichuan Lutianhua Co (SZSE:000912) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sichuan Lutianhua Co Ltd (SZSE:000912) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Naxi District, Sichuan province, Quzhou, CHN, 646300

Website

http://www.sclth.com

Sichuan Lutianhua Co Ltd is a chemical fertilizer enterprise that introduces international advanced technology and uses natural gas as raw material. It is primarily involved in the production and sales of fertilizers and chemical products. The company's main products include urea, compound fertilizers, methyl alcohol, concentrated nitric acid, ammonium nitrate, dimethyl ether, liquefied petroleum gas and other chemicals. Further, it is also engaged in chemical engineering, equipment installation, and maintenance activities. Geographically the business activities are carried out through China.

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